Image

11:51 AM / Friday December 9, 2022

28 Oct 2022

Musk doesn’t seek a “free-for-all hellscape” for Twitter

  • Facebook
  • Twitter
October 28, 2022 Category: Week In Review Posted by:

ABOVE PHOTO: Traders gather around a post as Twitter shares resume trading on the floor at the New York Stock Exchange in New York, on Oct. 4, 2022. Elon Musk’s lawyers said Thursday, Oct. 6, that Twitter is refusing to accept the Tesla billionaire’s renewed $44 billion bid for the social media company and are asking a Delaware court to halt an upcoming trial. (AP Photo/Seth Wenig, File)

By Matt O’brien

ASSOCIATED PRESS 

Elon Musk is telling Twitter advertisers he is buying the platform to “help humanity” and doesn’t want it to become a “free-for-all hellscape” where anything can be said with no consequences.The message to advertisers posted Thursday on Twitter came a day before Musk’s deadline for closing his $44 billion deal to buy the social-media company and take it private.

“The reason I acquired Twitter is because it is important to the future of civilization to have a common digital town square, where a wide range of beliefs can be debated in a healthy manner, without resorting to violence,” Musk wrote, in an unusually-long message for the billionaire Tesla CEO who typically projects his thoughts in one-line tweets. He continued: “There is currently great danger that social media will splinter into far right wing and far left wing echo chambers that generate more hate and divide our society.”

The message reflects concerns among advertisers — Twitter’s chief source of revenue — that Musk’s plans to promote free speech by cutting back on moderating content will open the floodgates to more online toxicity and drive away users.

 Musk told advertisers Thursday he wants Twitter to be “the most respected advertising platform in the world.” He said it should be “warm and welcoming to all” and enable users to choose the experience they want to have.

“I didn’t do it to make money,” he said of the pending acquisition. “I did it to try to help humanity, whom I love. And I do so with humility, recognizing that failure in pursuing this goal, despite our best efforts, is a very real possibility.”

Friday’s deadline to close the deal was ordered by the Delaware Chancery Court in early October. It is the latest step in an epic battle during which Musk signed an April deal to acquire Twitter, then tried to back out of it, leading Twitter to sue the Tesla CEO to force him to conclude the deal. If the two sides don’t meet the Friday deadline, the next step could be a November trial that would likely lead to a judge forcing Musk to complete the deal.

But Musk has been signaling that the deal is going through by Friday, paying a visit to Twitter’s San Francisco headquarters Wednesday and changing his Twitter profile to “Chief Twit.”

And overnight the New York Stock Exchange notified investors that it will suspend trading in shares of Twitter before the opening bell Friday in anticipation of the company going private under Musk.

  • Facebook
  • Twitter

Leave a Comment

Recent News

Politics

Jeffries wins historic bid to lead House Dems after Pelosi

December 2, 2022

Tweet Share Pin Email ABOVE PHOTO: Rep. Hakeem Jeffries, D-N.Y., talks with reporters on Capitol Hill in...

Go With The-Flo

Trevor Noah hosted a “Black Theater Night” for the Tony-winning Best Musical “A Strange Loop”

December 2, 2022

Tweet Share Pin Email ABOVE PHOTO: Trevor Noah (Shutterstock.com) By Flo Anthony On Nov. 29, Trevor Noah,...

Food And Beverage

What’s Cookin’? Vegan Oatmeal Butternut Squash Risotto

December 2, 2022

Tweet Share Pin Email Tweet Share Pin Email Related Posts What’s Cookin’? Vegan Butternut Squash Mac and...

Seniors

Senior Fitness: You may have more choices than you think

December 2, 2022

Tweet Share Pin Email BPT Do you struggle with starting or maintaining a fitness routine? Don’t worry,...

Health

Do you have the winter sniffles? Five ways you can manage indoor winter allergies

December 2, 2022

Tweet Share Pin Email BPT Do you suffer from itchy eyes, a runny nose or a scratchy...

Color Of Money

Feeling the stress of high energy bills?  New programs help lower costs

December 2, 2022

Tweet Share Pin Email BPT  Soaring energy prices equate to rising energy bills for households nationwide. This...

The Philadelphia Sunday Sun Staff